What are the main allegations against YPFB in the Bolivian prosecutors' investigation?

The main allegations are 'breach of duty, uneconomic conduct and contracts harmful to the state,' specifically concerning the purchase of crude oil from Trafigura at allegedly inflated prices compared to purchases under previous administrations, as stated by prosecutor Omar Quisbert.

Why are Bolivia's fuel contracts with Trafigura and Vitol under scrutiny beyond pricing concerns?

Beyond pricing, Bolivia is separately investigating issues related to low-quality fuel supplied under contracts with Trafigura and Vitol; the government had announced it would halt those contracts during the probe, though YPFB interim president Sebastian Daroca confirmed they remain in effect until June 30 and that adjustments—especially with Vitol—have been made to improve gasoline quality conditions.

Bolivian police raid state energy firm YPFB in probe into oil contracts

Apr 24, 2026

Bolivian authorities raided state energy firm YPFB to investigate alleged inflated oil contract prices with trader Trafigura. While probing fuel quality issues with Trafigura and Vitol, the government maintains current contracts to ensure supply during an economic crisis.

reuters

2026-04-24

Bolivian police raid state energy firm YPFB in probe into oil contracts

Bolivian police raid state energy firm YPFB in probe into oil contracts

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